MTFC Goodlettsville Soccer Inc

Analysis

MTFC Goodlettsville Soccer Inc is a registered charity in United States, based in Goodlettsvlle, TN. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, MTFC Goodlettsville Soccer Inc reported income of $273k and spending of $220k, spending 81% of its income. Across the 4 years on record, from May 2021 to May 2024, income grew from $155k to $273k (+77%), an average of +21% a year. The sharpest change came in the year to May 2022, when income rose by 84%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, MTFC Goodlettsville Soccer Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within TN. Charities of a similar size with the same main cause include Alchemy Indoor Skate Park & Education Center ($273k), Clearwater Fast Pitch Softball Group Inc ($273k) and Hendricks Community Soccer Inc ($273k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.